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<br /> '',� -� c,.�::,` :.:; THiSOc'�E130FTRUST.isrnad$asoithe 30th daY� Aoril .19 97 .Dltandamcn9� - ._ -
<br /> - •.�•;,�.,,. �J ° .
<br /> ` `� `h��� Central Pro ert�e i ' � �
<br /> tRe TntsOor. o ;
<br /> � '� 410 S. tdebb Rd. Grand Island NE 68803 (herein'Tn�stof,whetheronearmote). (� a 'i�`� `:'
<br /> . whose mailing address is `
<br /> "� .
<br /> ��' 4
<br /> �T� Five Poiats Bank a Nebraska Co arati �
<br /> �`'�� P 0 Box 150T Grand Island NE 68802-150T �'T�°�•�
<br /> �.`;,r� W1fOS0 tiFellflt98d�8�� .
<br /> -< < theBenefit�y. • �.�;.-
<br />� _. ,- .... vifhose maifing sddress is 201� N Aroad�rell Ava r--...a T..��••a uu �AUn� (Aetein"Lectde�.
<br /> ,.. . �,.�:'�°;_
<br /> . - •• • FOR VALUABLE COIVSIDFRATION,ind�cdis�g Ler�der's e�dension of cred'it Identified herein to
<br /> . - - . 7'�' :��•�-
<br /> � � .. _[herefi Bortower:wh�mer one ar more)and fhe trust hereU�seate�f�e receipt r.;:
<br /> _ ` �.'' ..: �....n'�,;��- o?whitfi is herehy acknow(edged.Tntstot heteby trtevoc2bg►�ts.transfers.oortvays and assigns to Tnist,�e.(N TltUST.1NITH ��;.:;•
<br />-+� .'r,.._ . �..f' ,;.< POW�R OF SAl.E.tor t3ie�nefit and security of lender.under�rtd subjed t�tAe torms and oondHans Re�inatter s�i forth.the ceal ��1�:��,
<br /> W R
<br /> �-� � ."' pmpe�rydescr�edasfoQaws: Lot Eight (8), Block One Hnadred Thirtp�-fonr (134), Qnion Pacific
<br /> •� � � •' �.�`r Railway Compaay's Second Subdiviaion, City of Grand Islaad, Hall Couaty, Kebraska AND �F"�
<br /> �:...:;
<br />--}'. �'.. �'� • Fractid�al Lats �io (2) and Thxee (3) aad all of Lot Po�as (4), in Bluck �hirty-Six (36), ��°
<br /> � ; in PacF�er and Barr's Secoad Addition to the Citg of Grand Islaad, �lall Couaty, Nebraska �~��
<br />- � ,.�'r, ..�;;,� �,',�- .:
<br />__ ' ` ��. .,�;��; ,�:°�. Tog�i.`�rwitTE at1 huildings,improvements,flxhues.streats.aRe�s,passeSeways.easernete�,rt�9t�Prtvileges and appmteaances � �,
<br /> �orated it�erecn or in ae�}n+�se pertafnUTg thereto.and Bis rertts.issues and pmFits.reversions�remaindets 9ieteof.artd sudf par- ���
<br /> : i7 , ;.�, sonat pro�erty tAat ts attad�ed to the improvementa so as to oonsdtute a fixUtte.i n du�ing.b u f n o 1 1 1m i t e d W.h e a t fi g a n d c a o f l n 9 e q u t D- -
<br /> :_-,��c� -. nrenk ai►d fogeiher wiG►Ihe homes�ad or marl4a!tnterests�H any.whicb inte[ests are hereby re�ased and waived;afl oi whicA,inci�- �"
<br /> :���"�,��,;t`'' ��: t n a�e p t a o e�-n 1��d a d d'�i o n s t h e re m.t s h a r e b Y d e�a re d t o�a a p a r t af U�e real estate seau�6 y the Iten otthis Oeed otTn�st and ��,�``
<br />._ itg{�''d�Il••�,.'i:.r • �•'Y��..-,-
<br /> - : ' ;Y��. ,' all oi ihe�oMg befng referted to herein as tlfe Pmpert�'. "'�'�'��`
<br /> Td�t�0 of Tnisi shaff secure(a)the p�ymern ai the Ddndpat sum and i�rterest evidenoed by a promissflry note or ecedit agre� 4i�;..°°
<br /> i o07 �.�.. .
<br /> - _�.i rs�nt c��2 Ax�ril 30 1997 .havtng e maturit5►date oi��y�$, �.-.,_
<br /> , , �;'
<br /> �.•. ., ; ....
<br /> , .,�:. .ar�s�T+ana ail modifte�c��nsians and renativats --_
<br /> �, '� � :. , in ihe�i�t.prineipal amount of S 30.000.a4 .
<br /> ;# �,s��� ..'�.,, therea4 a�t1�c-reto and any and all fuwre advances and readvances m Barrawer�cui anY ot th�sre,�rsore th�a�ne)hareunder pucsuant
<br />�'.~_�S`"t";��4��(��` .� , y to one or r.rore pmmissoN aotes or creQit agreemerds(herein called'[�lote�:@3;ha payrt�ent�cs:!►ar S+�adVanaed by Lendee Lo - _
<br /> - •';. ::_,. . : proted the secu�ity of ti�e Kote:(c)the Derform�noe ct sil covananb and agreemer.�s oT Tnist4r��ortt�h�rr,r�nd(�at!Present end -�.
<br /> � tuwre indebteQness and obllgaUons of Bortawer(or ars,�oi t�em N more fhan onei ur Cender wheu:er dtre�,�absot�ste or aonftn- �,_=-
<br />-_ � . . genl and vfiether arlsing by note.guaranty,ava�.fi ux otherwise•The[�tote,thts�i1 M Trust and arry art��other doeume�s that �_�
<br /> .'r . � sQaue the Note or ott�erwisa executed in cer.r,odir�,�fherewith. inetuding wltMr��IimitaUon guarantees.�cuMy agreements and
<br /> - � -. . � assFgnments ot teases and rents.sha!!!�e r�fes�t��harein as the'toan tnswmerrts'. �
<br /> - Trus6oroovenanb and agrees w;,9:s.enCer aafu3tows: � .;�,
<br /> --_ ' i. Payment ot t�sd►�C£dnESS.M indebter&�secureA hereby shall be pa19 when dua. P �:
<br /> � �'; • 2. Ti@a.Tnutor s'�Iho�owner of t�e PropedY.tvas tlte eght and aut�o►1h�ta car�vey the P�vpercy,and esa�nta fhat the Ifen aeat �'_
<br />:�� � � � � • ed hereby is a flrst�G�'•or lien on the PropeRy,exoept tor liens and encum6rasices set foM by T�usOor�+:s writing and detivered to -
<br /> _ ' ' •:..�� LenBer batore exec,uUon ot Ws Oeed of Tn�.st.and the executlon and denvery af ti:'ss�eed cf Trust does not vlotate any conhad ar
<br />-- other ob11ga8on W which TnuWr is sub]ed.
<br /> : 3.Taxes.Assassmente.To pay before deUnquency all taxes,spedal ass �e�nis aad all otAer charges agalnst the PhopeRy .
<br />-'= � ' now or hereafter leviec4. .
<br />-_- ;���. 4.tnsuran�e.To rr�p the PropeRy Insuned egalnst damaga by ftre,harards ic�etuded within the term'extended aovetege.arid
<br /> �;'� sucA other harards as V'�sder may requtre,in amaunb and with oompanles acxeptabte t�Lender.naming Lender es an sdd'�ional ..
<br /> = � named fnsured,wit�toss payabfa ds ttx3 Lender.tn ease ot toss unQer such pofides,the Lender ia aufhotFzed to adjusf.cCtteCt at�d
<br /> � � i compromise,aD daims thereundef ar�shatl have the optlon ot apptytng all or patt ai the irtsw�no�prooeeds(�to any in�:bUeArt2ss
<br />- - ''�' secured hereby and in sucn order as Lender may detertnlne,p�to t�e Trustnr m bs used iar t'��cepatr or restnra8on of the Prop�rty or
<br />�.;. � ` pi�tor arry cther purposa r�r object satlstactory to Lendor without affe�ting the tlen oi this Oeed oi Tnut far iP�a fuD emount secured
<br />---;��":. . . , ' hereby 6efore sucb ps�nt ever took piace.My aDDBqUons of pmoeeQs to trtde�dnass sha11 tto1 extertd oc postpone fhe due date
<br /> oi arry paymenb nnder the Note.ar cure arry datault thereunder or hereunder. _
<br /> - • �� • - 5.Escrotiv.Upon vrtitten demand by Lender.Trustor shall pay to Lender,in such manner as Lender may designate.suHiatant .
<br /> - - � • , sums to enabte Lender to pay as they b$aorree due one or more o!the fotlnwing:(1j aV t�cea,assessments artd other charges against
<br />-_, . • • - the Properly,(ii)the premiums on the property tnsurance require0 hereunder,and(lii)the premiums on any mortgage insurance
<br /> ' required by Lender. ':
<br />"L�� � � � 6.BAai�enan�e.Rapatrs and Compttaneo uAtb Lm�s.Tnistor shatl keep the PropeRy in good oond�io»and repair,sl�all
<br />:�., , promptly repalr,or reptace any improvement wtilcA may be damaged os destroyed:shalt not eammit or permit any waste ar detertora� �
<br /> � Uon of the Property;shaU not remave,demollsh or substantl�alty alter any ot the improvements on the Propertyr,shall not commit,sufrer
<br /> � • or pertnit any act to be Qone in cr upon the Propercy in vtota�on oi any tavi,ordlnance.or regutaUon;artd shail pay and promptry disr
<br /> .' . .� . charge at Trustofs cost and eupensa ail liens.eneumhranoes an0 charges levied.impased or ac�ssed agalnst the PropeAy ar any
<br /> part thereat '
<br /> ,` �" �' � 7_Emine�rf Qomaln.Lender is hereby asslgnad ell compensa8on,awards,aamagas and other payments or reltef(hereinaf�er �
<br /> ' recxsao+a+.a�m.yaee�r�s�vs -�; �; .• .
<br /> e,reewaonse.udcoe.e.�a�namsm�+¢+u�immus.mr. yJ w ,y.
<br /> �4.7J .
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